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将于4月29日完成的代币烧伤将使令牌供应总额从18.2亿om的代币减少到16.7亿om的代币。
MANTRA CEO John Patrick Mullin is burning 150 million OM tokens to stabilize the market price after the recent massive crash.
曼特拉(Mantra)首席执行官约翰·帕特里克·穆林(John Patrick Mullin)燃烧了1.5亿个OM令牌,以稳定最近的大规模崩溃后的市场价格。
The OM token price experienced over 90% decline on April 13, eliminating more than $5 billion in market capitalization. The events also raised doubts about the project’s future.
OM代币价格在4月13日下降了90%以上,消除了超过50亿美元的市值。这些事件还引起了对项目未来的怀疑。
The token burn, which is set to be completed on April 29, will reduce the total token supply from 1.82 billion OM tokens to 1.67 billion OM tokens. The decision comes after speculations of insider trading and a suspicious $40 million deposit linked to the MANTRA team.
将于4月29日完成的代币烧伤将使令牌供应总额从18.2亿om的代币减少到16.7亿om的代币。这项决定是在对内幕交易的猜测以及与咒语团队有关的可疑押金的猜测之后做出的。
The events caused widespread panic and mass liquidations, which decreased the project’s revenue.
这些事件引起了广泛的恐慌和大规模清算,从而减少了项目的收入。
To show his dedication to the project and reestablish trust with investors, Mullin intends to burn 150 million of his personal OM tokens.
为了展示他对该项目的奉献精神并与投资者重新建立了信任,穆林打算烧毁1.5亿个个人的OM代币。
“We did not make any sales activities during the crash. The crash was caused by reckless liquidations from market fluctuations, not internal manipulation, ” the CEO stated.
首席执行官说:“我们在坠机过程中没有进行任何销售活动。坠机是由市场波动而不是内部操作引起的鲁ck造成的。”
The initiative is meant to boost staking and decrease the staking ratio from 31.47% to 25.30%. Time will tell how effective the token burn initiative is to restore market trust.
该倡议旨在将其放入并将其降低比率从31.47%降低到25.30%。时间将证明令牌燃烧计划的有效性是恢复市场信任的效果。
The OM token experienced a brief increase in price after the token burn announcement. However, the price has decreased by 2.7% in the last 24 hours because investors are uncertain about future market conditions.
OM令牌宣布后,价格短暂上涨。但是,由于投资者对未来的市场状况不确定,因此在过去24小时内,价格下降了2.7%。
MANTRA is in talks with various partners to increase the token burn to 300 million OM tokens.
咒语正在与各种合作伙伴进行会谈,以将令牌燃烧增加到3亿个OM令牌。
The token burn could substantially decrease OM token’s circulating supply, which could stabilize its price. However, the market sentiment remains uncertain despite the burn initiative.
令牌燃烧可能会大大降低OM令牌的循环供应,从而可以稳定其价格。但是,尽管燃烧了倡议,市场情绪仍然不确定。
The OM token must break the $0.59 resistance level to surge to $0.71.
OM令牌必须将0.59美元的电阻水平损失至0.71美元。
MANTRA faces financial difficulties because investors are uncertain about the future of the project. A breakout above the crucial resistance levels could indicate potential growth but additional market turbulence could lead to further declines.
咒语面临财务困难,因为投资者不确定该项目的未来。高于关键阻力水平的突破可能表明潜在的增长,但额外的市场动荡可能导致进一步下降。
The market continues to monitor whether the token burn will undo the effects of the market crash and recover investor trust in the MANTRA network.
市场继续监控令牌燃烧是否会消除市场崩溃的影响并在咒语网络中恢复投资者信任的影响。
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